Michael Saylor: Strategy's asset reserves exceed its debt by 4.8 billion dollars

Michael Saylor reviewed Strategy's Bitcoin strategy: In October 2022, when the Bitcoin price was around $20,000, Strategy held 130,000 BTC worth about $2.6 billion, and a certain exchange's stock price was approximately $24. A few weeks later, Bitcoin fell below $16,000, and the company’s debt temporarily exceeded the total value of its BTC and cash reserves by about $300 million, while the same exchange’s stock price dropped to around $13. Strategy continued to implement its Bitcoin strategy and has raised over $6 billion in new capital to purchase BTC since 2022, increasing its holdings by more than 716,000 BTC. Currently, the value of Strategy’s BTC and US dollar reserves exceeds its company debt by about $48 billion. The company will continue to adhere to a long-term strategy in the future.